- Gemini secured MiCA and MiFID II licenses, unlocking regulated crypto services and derivatives across 30+ EU markets.
- It launched tokenized stocks on Arbitrum, bridging traditional equities with blockchain trading.
- Despite $282.5M losses in H1 2025, Gemini’s regulatory wins strengthen its credibility before its Nasdaq listing.
Gemini just scored a big regulatory win in Europe, bagging both a MiCA license from Malta’s Financial Services Authority and a MiFID II license earlier this year. With the MiCA approval now secured, Gemini can legally offer crypto services across more than 30 European states under a unified framework. This makes it one of only a handful of exchanges holding the license, putting it alongside names like Bitpanda and Crypto.com. For Gemini, it’s a chance to step deeper into Europe with real regulatory muscle behind it.
MiCA License Unlocks the EU Market
The MiCA license gives Gemini the ability to operate smoothly across the European Economic Area, cutting through the messy patchwork of national rules. That means greater consistency, fewer barriers, and more confidence for investors and institutions that want regulated access to digital assets. By planting its flag in Malta, Gemini has made the country a hub for its EU operations. With just five platforms approved under MiCA so far, the exchange has positioned itself early among the top players competing for European market share.
Tokenized Stocks and Derivatives Under MiFID II
Back in May, Gemini locked in its MiFID II license, which allows it to branch into crypto-based derivatives and tokenized financial products. The exchange wasted no time putting that license to work. In June, it launched tokenized stocks on Arbitrum, giving users exposure to companies like MicroStrategy through blockchain-based assets that trade around the clock, five days a week. These products sit neatly under MiFID II’s framework, bridging traditional equities and crypto in a way that regulators and investors can both get behind.
Regulation Fuels Expansion, Despite Losses
Gemini has been clear about its focus: regulation is the foundation for long-term adoption. With both MiCA and MiFID II secured, it can now scale responsibly in Europe with a stronger degree of trust. The timing is also important—the firm recently filed to list its Class A shares on Nasdaq under ticker GEMI. While Gemini posted a $282.5 million loss in the first half of 2025, it still manages $18.2 billion in platform assets and saw a slight bump in active users. With regulatory clarity in its pocket, Gemini looks set to chase sustainable growth in one of crypto’s toughest but most important markets.
